RANKED: Logan’s richest schools revealed
Logan’s richest school has raked in more than $190.6 million in five years with the total income per student sitting at $14,213 in 2022, the most recent school funding statistics reveal. RICHEST, POOREST SCHOOLS REVEALED
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Logan’s richest school has raked in more than $190.6 million in five years with the total income per student sitting at $14,213 in 2022, the most recent school funding statistics reveal.
An independent analysis of school financial records from the MySchool website have shown the massive amount of money some schools make every year, and how little some schools are forced to scrape by on.
The figures revealed Marsden State High School in Waterford West had a higher gross income than any other school in the Logan region.
The school made a gross income of $190.6 million, according to financial records from the combined past five years.
The school’s income increased by 75 per cent between 2018 and 2022.
The region’s second richest school was John Paul College, in Daisy Hill, which had a gross income of $183.7 million.
Its total gross income per student in 2022 was $23,173.
The school with the third highest gross income was Canterbury College, in Waterford, which made $151.1 million.
Its total gross income per student in 2022 was $21,422.
The figures include all fees, charges and parental contributions as well as State and Federal Government funding and any other private sources over the five years from 2018 to 2022.
It does not include any deductions for capital works or debt servicing.
The analysis does not include special schools or schools that did not have complete financial data in MySchool for one or more of the five years.
Australian Technology and Agricultural College at North Maclean had the lowest gross income of any school in the Logan region.
It made just $1.9 million over the five year period.
Its total gross income fell by 50 per cent from 2018 to 2022 while the total gross income per student in 2022 was $34,427.
Hillview State School at Hillview had the second lowest gross income of any school in the Logan region.
It made just $3.4 million over the five year period.
Its total gross income increased by five per cent from 2018 to 2022 while the total gross income per student in 2022 was $41,947.
Darlington State School at Darlington had the third lowest gross income of any school in the Logan region.
It made just $3.7 million over the five year period.
Its total gross income fell by six per cent from 2018 to 2022 while the total gross income per student in 2022 was $27,939.
RICHEST SCHOOLS IN LOGAN
Marsden State High School: $190.6 million
John Paul College: $183.7 million
Canterbury College: $151.1 million
Beenleigh State High School: $140.3 million
Groves Christian College: $126.8 million
Woodridge State High School: $122.1 million
Emmaus College: $114.4 million
Park Ridge State High School: $109.5 million
Mabel Park State High School: $104.4 million
Beaudesert State High School: $101.1 million
POOREST SCHOOLS IN LOGAN
Australian Technology and Agricultural College: $1.9 million
Hillview State School: $3.4 million
Darlington State School: $3.7 million
Rathdowney State School: $4.6 million
Veresdale Scrub State School: $9.2 million
Tamrookum State School: $9.3 million
Ohana College: $12.8 million
Woodhill State School: $14.9 million
Gleneagle State School: $15.7 million
Woongoolba State School: $16.6 million